Life after legalization: California cannabis market still faces challenges
Enacted in 2016 and implemented in 2018, Proposition 64 allowed for local control over cannabis. Six years later, many businesses report a tough slog.
Source: marinij.com
Stay updated with breaking news from Nurit Raphael. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Enacted in 2016 and implemented in 2018, Proposition 64 allowed for local control over cannabis. Six years later, many businesses report a tough slog.
Organizers behind a cannabis tax measure in Sausalito are pausing their effort to qualify for the ballot.
The initiative would only apply to delivery services because marijuana shops are banned in the city. But it would include retail if that prohibition changes.
With a rise in retail for the California cannabis industry, dispensaries are dealing with high taxes as well as a heightened threat of break-ins.